NECESSITY,
FUNCTION, AND CONFORMITY: This administrative regulation sets guidelines for
physical preparation of the proper assessment rolls in order that they may be
better utilized by cities which adopt the county assessment.

Section 1. When
any city officially adopts the county assessment for city tax levy purposes, as
provided by KRS 132.285, the property valuation administrator shall organize
his records and prepare his assessment roll in such manner as to show the city
as a separate taxing district.

Section 2. When
the county contains an independent school district larger than the city, that
property outside the city boundaries but within the independent school district
shall be entered on the tax rolls by a supplemental listing. (1 Ky.R. 1006;
eff. 6-11-75.)